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Tesla Stock Crashes 10% After Reporting Biggest Sales Drop Ever

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It’s shaping up to be a rough day for Elon Musk. Shares at his Tesla were down sharply this morning on horrific Q1 delivery numbers. Those numbers came out as the CEO readies to learn his faith resulting from being held in contempt of court for violating an agreement with the U.S. Securities and Exchange. That court hearing is scheduled for today. Miss Not Just Bad, But Record-Setting Bad Tesla reported a record decline in deliveries in the first quarter. During the three months, Tesla produced about 77,000 vehicles, consisting mainly of its flagship Model 3. The Model S and

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